I have a feeling you have a very tenuous grasp of how your employer projects returns for potential developments. The short version of the story is just that there is so much demand that whatever additional units we build aren't going to immediately result in drastically lower housing prices, but it's still a step in the right direction. There is no overnight solution to a problem of this magnitude.
aSadEconBoi t1_jdxwvvw wrote
Reply to comment by [deleted] in Officially less homes for sale in Greater Boston than any other time during pandemic market craziness. by [deleted]
I have a feeling you have a very tenuous grasp of how your employer projects returns for potential developments. The short version of the story is just that there is so much demand that whatever additional units we build aren't going to immediately result in drastically lower housing prices, but it's still a step in the right direction. There is no overnight solution to a problem of this magnitude.